In a significant move to strengthen its leadership pipeline, Tata Consultancy Services (TCS), India’s largest IT services company, has promoted more than 1.1 lakh employees during the fiscal year 2024–25. The promotions come even as the company has deferred its traditional annual salary hikes.
TCS Promotes 1.1 Lakh Employees in FY25, Plans to Hire 42,000 Freshers in FY26
The initiative is part of TCS’s broader talent management strategy aimed at nurturing in-house talent and addressing employee attrition. Speaking on the development, Milind Lakkad, Executive Vice President and Chief Human Resources Officer of TCS, stated, “We continue to invest in our people and promote from within to maintain a strong leadership pipeline.”
Focus on Internal Growth Amid Industry Challenges
While the global tech industry has witnessed cautious hiring and cost-cutting measures due to economic uncertainties, TCS remains committed to strengthening its workforce from within. By promoting over 110,000 employees, the company underscores its strategy of prioritizing internal career growth opportunities even during challenging times.
The decision to postpone salary hikes, typically announced around April-June, reflects a careful balancing act between managing operational costs and rewarding performance through promotions.
According to a report by NASSCOM, India’s IT industry is expected to grow by around 3.8% in FY25, indicating a cautious but steady paceIn this context, TCS’s focus on promotions rather than immediate salary increments aligns with broader industry trends.
Fresh Hiring Plans: 42,000 Trainees to Be Onboarded in FY26
Looking ahead, TCS has reaffirmed its commitment to fresh talent by announcing plans to hire approximately 42,000 freshers in fiscal year 2025–26. This number mirrors last year’s intake and comes despite an overall slowdown in IT sector hiring.
The move highlights TCS’s long-term growth vision and its need to build a future-ready workforce capable of adapting to emerging technologies such as AI, cloud computing, and cybersecurity.
Notably, global IT hiring has been under pressure, with leading companies including Infosys and Wipro slowing their campus recruitments. However, TCS’s consistent hiring plans show its confidence in future demand recovery and digital transformation initiatives across industries
Conclusion: A Resilient Workforce Strategy
TCS’s decision to promote a record number of employees and maintain strong hiring plans despite macroeconomic headwinds reflects its long-term investment in talent. While the postponement of salary hikes may cause short-term concerns among employees, the emphasis on career progression and leadership development signals a positive and resilient workforce strategy.
As the IT landscape evolves, nurturing and retaining skilled talent will be crucial. TCS’s approach not only sets a benchmark for internal growth but also positions the company strongly for the opportunities ahead.
Last Updated on: Sunday, April 27, 2025 5:38 pm by Aarti Kumari | Published by: Aarti Kumari on Sunday, April 27, 2025 5:38 pm | News Categories: News
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